TSX Further Decline Mid-Afternoon As Energy, Materials Extend Slide

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The TSX was deeper at a loss in the mid-afternoon session,
losing 116 points, still dragged down by power and also material
shares.

Gold and also
oil
prices

continued to be controlled, operating gold barely altered at US$ 1,327.30/ ounce and also
Brent rolling 2.1% to US$ 44.71/ barrel. Oil was struck by worries
that surplus problems may postpone market re-balancing. Gold, on
the various other hand, was injured as traders take a wait-and-see approach
ahead of a week hectic with Reserve bank conferences.

Power and then materials were down 3.5% and 1.0%, respectively. On
the positive side were only info technology, up 1.1%, and also telecom, up
0.2%.

Overall volume traded was 183.3 million shares. Nevsun Resources
( NSU.TO) was the most actively traded stock.

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